Macquarie Asset Management

What Macquarie Asset Management does

Macquarie Asset Management generates revenue primarily through recurring asset management fees on its A$722.1 billion AUM base, supplemented by performance fees and investment income from active portfolio company management, private credit income, and transaction/structuring fees (e.g., US CLO issuance, consortium M&A advisory). Its go-to-market is hybrid: dedicated institutional direct sales to pensions, sovereign wealth funds, and insurers; wealth distribution partnerships such as Cathay United Bank to bring private infrastructure to HNW clients; a domestic Australian adviser and individual investor channel; and joint-venture/consortium platforms with partners including UniSuper, PSP Investments, Asterion, EDF, Swiss Life, and AirTrunk management. Customer segments are institutional investors, wealth and HNW clients, Australian individual investors and advisers, and global insurers (including outsourced CIO and reinsurance). Pricing is bespoke, quote-based, and not publicly disclosed, structured around long-duration mandates and fund vehicles.

Name

Macquarie Asset Management

Legal name

Macquarie Group Limited

Website

https://macquarie.com

Company type

Public

Founded year

1969

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Macquarie Asset Management is the Sydney-headquartered global asset management arm of Macquarie Group, managing approximately A$722.1 billion across infrastructure, credit, real estate, green investments, wealth, secondaries, agriculture, and insurance for institutional, wealth, and insurance clients worldwide.

Ownership category

akta.pro rank

Product category

Institutional Asset Management

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Other Financial Vehicles (525990)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Insurance General Accounts (Institutional Asset Owners) (FSAAAGAG)

akta.pro secondary industries

Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL), Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns) (FSAAAJAJ), Multi-Strategy — Single-Manager, Multi-PM (FSAHAFAB)

Keywords

• Institutional asset management
• Infrastructure investment
• Real estate investment
• Private credit investing
• Green energy investments

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain, Others

Revenue model

1. Asset management fees: Management fees earned on approximately A$722.1 billion of assets under management across infrastructure, credit, real estate, green investments, wealth, secondaries, agriculture, and insurance capabilities.
2. Performance fees and investment income: Performance fees and investment income generated from active management of portfolio companies and investment strategies across multiple sectors.
3. Private credit income: Income generated from the private credit portfolio; Macquarie Capital's private credit portfolio significantly increased income in the first half of 2025, contributing to a near doubling of profits year-on-year.
4. Securitisation / CLO issuance fees: Macquarie Asset Management closed its second US CLO at $410 million, generating structuring and management fees.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Core offering

Macquarie Asset Management (MAM) provides investment solutions across eight capability areas — Infrastructure, Credit, Real Estate, Green Investments, Wealth (Alternatives for Wealth), Secondaries, Agriculture, and Insurance — managing approximately A$722.1 billion in assets under management through 190+ portfolio companies operating across 33 markets. It serves institutional investors (pension funds, sovereign wealth funds, insurance companies), high-net-worth and wealth clients, Australian financial advisers and individual investors, and global insurers with pooled funds, tailored mandates, and direct ownership of operating assets.

Product overview

Macquarie Asset Management (MAM) is one operating group within Macquarie Group Limited, providing a unified global asset management platform organised around eight investment capabilities: Infrastructure, Credit, Real Estate, Green Investments, Wealth (Alternatives for Wealth), Secondaries, Agriculture, and Insurance. Together these capabilities are delivered through 190+ portfolio companies operating across 33 markets, employing more than 240,000 people, and managing approximately A$722.1 billion in assets (as at 31 March 2026). Rather than a single software product, MAM's offering is an institutional asset management platform-plus-verticals architecture: the core platform (investment management, capital raising, asset ownership and stewardship) underpins specialist modules such as the Credit capability (including a US CLO programme and a European direct lending platform), the Green Investments capability (decarbonisation solutions for investees), the Wealth capability (extending alternatives to HNW clients via partnerships such as Cathay United Bank), and Secondaries (secondary infrastructure exposure). Portfolio companies — including 2degrees (New Zealand telecom), Ventos de São Zacarias (Brazilian wind), and Goodstone (UK rental housing) — are the operating subsidiaries through which these capabilities are deployed.

Differentiator

Problem solved

Functional benefit

Brands

• Macquarie Asset Management: Global asset manager offering real assets, real estate, credit, agriculture, infrastructure, green investments, insurance, secondaries and wealth solutions.

Products and services

• Infrastructure Investment Capability Investments in transport, energy, digital, utility and real estate infrastructure assets underpinning economies and communities; relied on by more than 310 million people every day.
• Global Credit Platform A global credit platform delivering investment outcomes across multiple credit strategies, including private credit, US CLOs, and European direct lending.
• Real Estate Investment Capability Investments in real estate assets owned by funds or managed via investee platforms, including high-conviction opportunities accessed through partnerships with sector operators.
• Green Investments Capability Creates green investment opportunities and practical decarbonisation solutions for clients and investee companies, supporting 30+ portfolio companies across the global energy transition.
• Alternatives for Wealth Brings Macquarie's market-leading infrastructure capabilities and alternative investments to wealth and high-net-worth clients globally through dedicated distribution partnerships.
• Secondaries Capability Provides immediate exposure to an infrastructure portfolio with attractive investment characteristics through secondary investments.
• Agriculture Investment Capability Strategies that help solve global food, climate and biodiversity challenges and seek to generate attractive risk-adjusted returns, including the Cowal Agriculture Queensland farmland portfolio.
• Insurance Asset Management A strategic partner for global insurers across asset management, outsourced CIO services, and reinsurance.
• MAM Portfolio of Operating Companies Portfolio of 190+ infrastructure, green investments and real estate operating companies across 33 markets, employing more than 240,000 people and underpinning services relied on by more than 310 million people every day.

Quantifiable outcome

• More than 310 million people rely on MAM infrastructure investments every day
• +2 more outcomes

Named customers20 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and flagship.

• Porter Aviation Holdings (Porter Airlines)coreStrategic or Co-development Partner · 25 March 2026Porter Aviation Holdings has partnered with Macquarie Asset Management on a $450-million investment to build and operate a new terminal (Montreal Metropolitan Airport) at Saint-Hubert airfield in Longueuil, Quebec.
• Gabia Inc.flagshipStrategic or Co-development Partner · 3 March 2026Macquarie Asset Management and South Korea's Gabia Inc. partnered to develop a hyperscale data centre platform in South Korea, committing approximately $420 million (600 billion won) over the next four to six years targeting more than 100 MW of capacity. Macquarie leads asset management and financing while Gabia (with subsidiary KINX) handles end-to-end operations.
• KINXcoreStrategic or Co-development Partner · 3 March 2026KINX is a subsidiary of Gabia Inc. supporting the hyperscale data centre platform in South Korea - handles end-to-end service operations including data centre design, network buildout, and customer acquisition.
• Aware SupercoreStrategic or Co-development Partner · 28 February 2026Macquarie Asset Management is considering acquiring a 50% stake in Secure Electronic Registries Victoria (a land title registry valued at A$4 billion) with process involving Aware Super Pty. and Barrenjoey Capital Partners; bids expected in April.
• Prologis / FIBRA PrologiscoreStrategic or Co-development Partner · 25 February 2026FIBRA Macquarie Mexico: Macquarie Asset Management Mexico, Prologis Property Mexico, and FIBRA Prologis entered into Transaction and Covenant Agreement under which Macquarie transfers all management rights for FIBRAMQ to Prologis; FIBRA Prologis intends to launch tender offer for up to 100% of outstanding FIBRAMQ certificates.
• Cathay United BankcoreGTM or Marketing Partner · 19 December 2025Cathay United Bank has partnered with Macquarie Asset Management to introduce private infrastructure investments to high-net-worth clients.
• Treaty Oak Clean EnergycoreStrategic or Co-development Partner · 31 October 2025Treaty Oak Clean Energy signed solar offtake agreements with Meta; Macquarie referenced for building weather resilience into solar infrastructure projects in Louisiana with projects expected online in Q3 2027.

Scale indicators7 records

Recent moves14 records

Expansion highlights6 records

Direct peers

• Brookfield Asset Management: One of the world's largest alternative asset managers with a leading infrastructure, real estate, credit and renewables platform. Directly comparable to MAM given overlapping infrastructure, real estate, credit and renewable energy capabilities and a similar global institutional LP base.
• KKR & Co. Inc. Global alternative asset manager with infrastructure, real estate, credit and private equity strategies. Comparable to MAM in its cross-asset platform, focus on real assets, and growing infrastructure franchise (KKR Global Infrastructure Investors).
• Blackstone Inc. World's largest alternative asset manager with infrastructure, real estate, credit, private equity and hedge fund solutions. Overlaps directly with MAM across infrastructure (including via acquired GIP), real estate and credit, and was the lead buyer in MAM's $40B Aligned Data Centers exit.
• Apollo Global Management: Global alternative asset manager with a large private credit and real assets platform. Comparable to MAM's credit and infrastructure capabilities, particularly in scaled, permanent-capital investment vehicles.
• IFM Investors: Australian-owned global infrastructure investor operating for pension funds, with deep infrastructure, debt and private equity capabilities. Closest geographic and product peer to MAM, particularly in core/core-plus infrastructure.
• Carlyle Group: Global alternative asset manager with infrastructure, real estate, credit and private equity. Overlaps with MAM across real assets, infrastructure equity and credit strategies, serving similar institutional clients.
• EQT AB: European-headquartered alternative asset manager with infrastructure, real estate, private equity and credit. Comparable to MAM's European Infrastructure Fund series and growing private wealth distribution, especially across Europe and APAC.
• Global Infrastructure Partners (GIP, part of BlackRock): One of the world's largest dedicated infrastructure platforms (now part of BlackRock). Directly comparable to MAM's infrastructure capability in scale, sector breadth and institutional client base; participated in the Aligned Data Centers consortium alongside BlackRock.
• Stonepeak: US-based infrastructure-focused alternative investment manager with infrastructure equity, credit and development strategies. Directly comparable in core infrastructure mandate size, sector focus (digital, energy, transport) and is the buyer of Cleco from MAM-led consortium.
• Antin Infrastructure Partners: European-listed pure-play infrastructure fund manager. Comparable in mid/large-cap infrastructure investing and was the seller of UK motorway services operator Roadchef to MAM in 2022.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/macquariegroup
• YouTubeyoutube.com/watch?v=pQSXQLOnCD0

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries23 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A23 records

Investments40 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Macquarie Asset Management